HUMBL Modifies Settlement Payment Terms with Forwardly, Accelerating Two Payments and Extending Final Payment

TAP REAL ESTATE TECHNOLOGIES, INC.

HUMBL agreed to pay Forwardly $2,200,000 under a Settlement Agreement dated November 15, 2022.
Forwardly extended the last payment of $440,000 from March 15, 2023 to June 15, 2023.
HUMBL accelerated the third and fourth payments of $440,000 each to the end of December 2022.
The original agreement required five equal monthly payments of $440,000 starting November 15, 2022.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TAP REAL ESTATE TECHNOLOGIES, INC. amended Release Agreement with Forwardly, Inc. (effective 2022-12-29).

Action: amendment
Agreement: settlement
Counterparty: Forwardly, Inc.
Effective: 2022-12-29

Exact text from the filing

On December 29, 2022, Forwardly agreed to extend the last payment of $440,000 due on March 15, 2023 to June 15, 2023 in return for HUMBL accelerating the third and fourth payments under the Release Agreement to the end of December 2022.

View on SEC.gov

Browse all material agreements →

TAP REAL ESTATE TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-000640

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.